Despite a notable improvement in valuation with Nexxen International's Future P/E dropping from 21.67x to 18.27x, the consensus analyst price target remained unchanged at $16.49.
What's in the News
- Nexxen expects to benefit from Vestel's strategic partnership with VIDAA, which could significantly expand VIDAA's smart TV operating system footprint in Europe and enhance Nexxen's access to global ACR data and exclusive ad monetization opportunities.
- Nexxen and VIDAA have signed a non-binding MOU to potentially extend and expand their partnership beyond 2026, including a possible increase in Nexxen's investment in VIDAA.
- Nexxen was added to multiple Russell indexes, including the Russell 2000, 2500, 3000, Microcap, Small Cap Completeness, and their respective Value, Defensive, and Dynamic sub-indexes.
- Nexxen advanced its nexAI offering by integrating generative AI into the Nexxen Data Platform, providing enhanced automated market research, actionable insights, and campaign planning for clients.
- The company reaffirmed its 2025 earnings guidance, expecting programmatic revenue to comprise around 90% of full-year revenue; a buyback plan expired in May.
Valuation Changes
Summary of Valuation Changes for Nexxen International
- The Consensus Analyst Price Target remained effectively unchanged, at $16.49.
- The Future P/E for Nexxen International has significantly fallen from 21.67x to 18.27x.
- The Discount Rate for Nexxen International remained effectively unchanged, moving only marginally from 8.29% to 8.28%.
Disclaimer
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